Eka's international management team is strengthened with the appointments of Rick Nelson as President and COO, and Julie Hance, who joins as Senior Vice President - Strategy and Product Management from Itron International, both of whom will be based in the US, while Mumu Pande joins as Vice President - Engineering and will be based in Bangalore.

In the last year Eka has grown significantly, going from strength to strength in Europe and America, with YOY growth of 33% and record levels of license revenues and new implementations. Product development continues apace, driven by the global commodities markets' demands for ever more sophisticated trading and risk management technology. This is underlined by the recently-extended functionality of supply chain management and hedging technology, which has attracted a great deal of attention across agriculture, mining, CPG and energy.

Manav Garg, founder and CEO commented: "I am very pleased to have Rick as COO. He has been making a tremendous contribution to the company's growth and I have confidence in his abilities to deliver on our ambitious growth strategy. Rick, Julie and Mumu are all real assets for Eka and I feel very fortunate to have them as key members of our management team. Our focus has always been our customers and as we grow, it is our priority to continue to have a close relationship with them, aligning ourselves with their needs and providing them with a competitive edge through technology."

Rick Nelson has been promoted to President and Chief Operating Officer (COO). In his new role Rick will be responsible for managing global sales, account management, implementation and support organizations. Rick has been with Eka for four years, contributing greatly to Eka's success.

Julie Hance was previously Vice President, Software Solutions Group, at Itron International, a multi-billion dollar global conglomerate with operations in 130 countries, where she was the chief executive responsible for five software lines, and a total of 55 software products. Her remit included product management, engineering, quality assurance, marketing, sales and implementations. Prior to Itron, Julie held executive positions at Orcom Solutions, Excelergy and Indus International software companies, having started her career as an engineer at Florida Power and Light Company. Julie has BS in Electrical Engineering from University of South Carolina-Columbia and an MBA from the Nova Southeastern University.

Mumu Pande has over fourteen years of core product engineering experience, all with Oracle Corporation, where she worked on a variety of technologies, from Oracle Apps to Databases to Java/J2EE etc. Her main focus has been on Oracle CRM, trade management and global compliance applications. Mumu graduated from St. Xavier's College, Kolkata; she also holds a post-graduate degree from the University of Akron, Ohio, USA.